1.8% Weakness in the USD$ to start the new week – Currency Strength and Weakness for Monday 23rd July 2018
All testing was done on Forex Tester 2. Sign Up/Login $8.99 The mere expectation or rumor of a central bank foreign exchange intervention might be enough to stabilize a currency. However, aggressive intervention might be used several times each year in countries with a dirty float currency regime. Central banks do not always achieve their objectives. The combined resources of the market can easily overwhelm any central bank.[65] Several scenarios of this nature were seen in the 1992–93 European Exchange Rate Mechanism collapse, and in more recent times in Asia.
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